So im new to this whole investing thing and I am f
Post# of 41414
Posted On: 02/27/2016 10:11:54 PM
So im new to this whole investing thing and I am far from being an expert. I did a silly thing the other day and bought a few shares with one simple basic logic... which might all be wrong.
1. They have an asset, a gorgeous Boeing 747.
2. They are actively trying to receive certification and have come a long way. Just a few more steps and some additional road blocks but they continue to keep pushing at it.
Based on those two, i cant say that I feel strong but I do feel that they're pushing and they have a liability that keeps them pushing for the certs. (the 747). And they really cant do much with it except keep it in the hangar until the process is complete. So they are stuck... and so are we ultil its proven that they are either certified and fit to fly or that they end up being the most incapable group of leaders in the corporate world who have a lot of other issues that they are hiding. But didnt they even hire a crew and outsourced a security team for checkin?
Anyhow... 8k or 4k or whatever it may be it all comes down to one thing... taking whatever it takes for them to get the cert from the FAA, and I think they are trying.... we are just impatient. This may take a month and it may take 6 months or even a year but it will happen.
They are too close to the finish line to quit or give up. And if they screwed something up or the FAA continues to deny their appeal, then they will reapply for the cert and try again. Like I said, they've already come a long way. Its only a matter of time... short or long, it will fly.
Maybe im just green and new to investing but its just my gut feeling... more worried about a reverse split more than anything else.
1. They have an asset, a gorgeous Boeing 747.
2. They are actively trying to receive certification and have come a long way. Just a few more steps and some additional road blocks but they continue to keep pushing at it.
Based on those two, i cant say that I feel strong but I do feel that they're pushing and they have a liability that keeps them pushing for the certs. (the 747). And they really cant do much with it except keep it in the hangar until the process is complete. So they are stuck... and so are we ultil its proven that they are either certified and fit to fly or that they end up being the most incapable group of leaders in the corporate world who have a lot of other issues that they are hiding. But didnt they even hire a crew and outsourced a security team for checkin?
Anyhow... 8k or 4k or whatever it may be it all comes down to one thing... taking whatever it takes for them to get the cert from the FAA, and I think they are trying.... we are just impatient. This may take a month and it may take 6 months or even a year but it will happen.
They are too close to the finish line to quit or give up. And if they screwed something up or the FAA continues to deny their appeal, then they will reapply for the cert and try again. Like I said, they've already come a long way. Its only a matter of time... short or long, it will fly.
Maybe im just green and new to investing but its just my gut feeling... more worried about a reverse split more than anything else.
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